Based on the information that is given, a steep reduction in the memory that's available is known as a memory leak.
A memory leak simply means a form of resource leak which occurs when a computer program manages memory allocations incorrectly in such a way that the memory that isn't needed anymore aren't released.
It should be noted that a memory leak is also a steady reduction in memory available on the heap to the point where it's exhausted. It can also be when an object that is stored in memory can't be accessed by the running code.
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